Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+1.98%
adds when stocks drop
when a holding falls −10%+
Middle response
-2.08%
baseline attrition
Rally response
-2.46%
trims into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| XOMExxon Mobil Corporation | $179M | 40.6% | +47.6% | 8.8 yr |
| IUSGiShares Core S&P U.S. Gr | $20M | 4.6% | — | 7.5 yr |
| HFDGA Core Plus Absolute R | $18M | 4.0% | — | 2.8 yr |
| IVViShares Core S&P 500 ETF | $14M | 3.2% | — | 8.3 yr |
| GOOGAlphabet Inc. | $8M | 1.8% | +84.3% | 8.0 yr |
| AMZNAmazon.com, Inc. | $8M | 1.8% | +9.5% | 7.5 yr |
| NVDANVIDIA Corporation | $7M | 1.6% | +60.9% | 7.0 yr |
| AAPLApple Inc. | $7M | 1.6% | +14.7% | 8.5 yr |
| JPMJPMorgan Chase & Co. | $6M | 1.5% | +21.8% | 8.8 yr |
| METAMeta Platforms, Inc. | $6M | 1.3% | -0.4% | 7.5 yr |
| ITOTiShares Core S&P Total U | $5M | 1.1% | — | 6.0 yr |
| ETNEaton Corporation plc | $4M | 1.0% | +33.2% | 8.0 yr |
| IWMiShares Russell 2000 ETF | $4M | 0.9% | — | 5.3 yr |
| EPDEnterprise Products Part | $4M | 0.9% | +18.7% | 8.8 yr |
| VVisa Inc. | $4M | 0.9% | -13.1% | 7.5 yr |
Portfolio composition (YoY)
Industry mix
Oil & Gas Integrated41.0%+4.3pp$181M
Asset Management19.2%-0.5pp$85M
Semiconductors3.7%+1.1pp$16M
Internet Content & Information3.4%-0.1pp$15M
Specialty Retail2.3%+0.1pp$10M
Banks - Diversified2.1%+0.2pp$9M
Software - Application2.0%-0.4pp$9M
Consumer Electronics1.9%-0.2pp$8M
Oil & Gas Midstream1.9%-0.1pp$8M
Oil & Gas Exploration & Production1.9%+0.2pp$8M
Country
US97.2%+0.3pp
IE1.3%-0.2pp
NL0.5%+0.1pp
JP0.4%-0.2pp
CA0.3%+0.1pp
Unknown0.1%
DK0.1%-0.2pp
GB0.1%+0.0pp
Top 5: 54.2% · Top 10: 61.9% · Top 25: 72.8%
Top buys this quarter · 15
| BCRX BioCryst Pharmaceuticals, Inc. | +$1M |
| INTU Intuit Inc.new | +$1M |
| NVDA NVIDIA Corporation | +$1M |
| EQT EQT Corporationnew | +$1M |
| JPM JPMorgan Chase & Co. | +$6M |
| IBRX ImmunityBio, Inc.new | +$0M |
| NOW ServiceNow, Inc. | +$2M |
| FSLR First Solar, Inc. | +$0M |
| CION CION Investment Corporationnew | +$0M |
| BX Blackstone Inc. | +$0M |
Top sells this quarter · 15
| XOM Exxon Mobil Corporation | −$129M |
| GTLS Chart Industries, Inc.exit | −$1M |
| MU Micron Technology, Inc. | −$3M |
| ASML ASML Holding N.V. | −$2M |
| PM Philip Morris International In | −$0M |
| WMT Walmart Inc. | −$0M |
| GOOG Alphabet Inc. | −$0M |
| PH Parker-Hannifin Corporation | −$0M |
| AMZN Amazon.com, Inc. | −$0M |
| CPT Camden Property Trustexit | −$0M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $440M | 180 | +28.62% | +17.59% | +11.03% | -0.02B |
| 2025-12-31 | $400M | 175 | +16.14% | +17.72% | -1.57% | -0.00B |
| 2025-09-30 | $387M | 175 | +10.48% | +17.52% | -7.04% | +0.00B |
| 2025-06-30 | $365M | 167 | +8.82% | +14.94% | -6.12% | +0.00B |
| 2025-03-31 | $356M | 163 | +7.53% | +8.30% | -0.77% | -0.02B |
| 2024-12-31 | $360M | 157 | +17.47% | +24.89% | -7.41% | -0.00B |
| 2024-09-30 | $364M | 153 | +14.69% | +36.04% | -21.34% | -0.01B |
| 2024-06-30 | $358M | 144 | +15.63% | +24.49% | -8.86% | +0.00B |
| 2024-03-31 | $355M | 140 | +17.97% | +29.62% | -11.66% | -0.01B |
| 2023-12-31 | $326M | 143 | +8.23% | +26.18% | -17.95% | +0.00B |
| 2023-09-30 | $332M | 146 | +29.76% | +21.57% | +8.19% | -0.01B |
| 2023-06-30 | $328M | 163 | +22.50% | +19.42% | +3.07% | +0.00B |
| 2023-03-31 | $319M | 165 | +12.20% | -7.82% | +20.02% | +0.00B |
| 2022-12-31 | $304M | 149 | +3.49% | -18.17% | +21.66% | -0.01B |
| 2022-09-30 | $271M | 147 | -1.28% | -15.51% | +14.23% | -0.01B |
| 2022-06-30 | $281M | 160 | +0.34% | -10.62% | +10.96% | -0.02B |